Bay City Rollers File Suit Against Arista Records for Millions in Unpaid Royalties
March 20, 2007
Joshua Krumholz - Boston
Group alleges Arista breached
their contract by failing to account for and pay royalties for over 25 years.
NEW YORK – The Scottish pop/rock band Bay
City Rollers has filed suit in the United States District Court in New York for
losses they have suffered from Arista Records' breach of contract and fiduciary
duty. The suit asserts that Arista has failed to account for or pay any
royalties to the band for over 25 years, despite the worldwide sale of millions
of albums, compact discs, merchandising and multimedia licenses, downloads, ring
tones and other recordings.
The Bay City Rollers, also known as the "Rollers," were the UK's biggest selling global act in the 1970s, gaining massive popularity around the world with their clean-cut image, distinctive
plaid outfits and upbeat pop hits. For a period of time known as "Rollermania,"
they enjoyed sell-out tours, hit records and even had their own weekly
television series in both the U.S. and UK. At the height of their fame,
comparisons to the Beatles' earlier popularity were not uncommon. In total, the
Rollers released eight original albums and numerous greatest hits and
compilations, including five straight gold records and six singles that made the
Top 40 on the U.S. hit charts. Among their many hits were Saturday Night,
I Only Want to Be With You and Bye Bye Baby. As proof of their
ongoing popularity, Arista''s most recent compilation, called Absolute Rollers
-- the Very Best of, hit the Top 10 on the UK charts within the last year,
and a new Collections CD is due to be released shortly.
"The Rollers have had remarkable success and
staying power over the last 30 years. To this day, Arista Records is still
successfully exploiting their recordings in the U.S. and around the world," said
Joshua Krumholz of Holland & Knight, lead counsel for the Rollers. "Despite
that success and Arista's many assurances over the years that it would pay the
band, Arista has simply refused to do what its own contract requires it to do."
According to the terms of that contract, Arista must account for and pay royalties to the band twice a year, with obligations dating back to the 1970s. While Arista has continually admitted its contractual duty to account for and pay the group the royalties due them, it has repeatedly
come up with excuses to avoid payment or to even account for actual sales. The
band projects that tens of millions in royalties are due them under their
agreement with Arista.
"Through this lawsuit, we intend to secure the
royalties owed to the Rollers for the huge commercial success of their music,"
said Krumholz. "They have waited long enough."
Contact: Joshua Krumholz (617) 573-5820